Business Debt Adjusters Reviews 194

TrustScore 5 out of 5

4.9

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Rated 5 out of 5 stars

Wonderful service and best representant. She saved my life, and she made my business shine again. thank you so much!!!!

Rated 5 out of 5 stars

Jenn made everything about this process easy, educational, and a turning point to save my and my boyfriends business. I am happy she was willing to take a chance on us and really listen to what we ha... See more

Rated 5 out of 5 stars

Thanks to the team at BDA for helping us navigate our lender situation. A year ago we had three lenders taking daily or weekly draws but our business was not what it was pre-COVID. BDA helped negotiat... See more

Rated 5 out of 5 stars

Extending help and compassion to others has great rewards... I think most of us try to live a life where we do, indeed, find reward in helping others. There are times when we are on the receiving end.... See more

Company details

  1. Debt Relief Service
  2. Financial Consultant

Information provided by various external sources

We help business who are overleveraged on their Merchant Cash Advances. If your business is experiencing hardship because of debt payments. We can help.


Contact info

4.9

Excellent

TrustScore 5 out of 5

194 reviews

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No history of asking for reviews

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Rated 1 out of 5 stars

Very bad company

Very bad company. They don’t disclose that they will be charging the clients 35% of the total money owed on a loan. They are worse than the commercial loan companies.
And no, they do not tell you how much they will be charging you when you first contact them or even during the loan repayment process. They promptly change the subject and you are proceeding blindly along. They only tell you at the end what your repayments will be like and you will be shocked when you find out, because you will repay way more than what you owed on your loans.

April 15, 2019
Unprompted review
Business Debt Adjusters logo

Reply from Business Debt Adjusters

I'm sorry you feel that way. We did settle both of your accounts in under 45 days even though you did miss almost all of your scheduled 35 payments only completing 3. We disclose that we take 35% of what we save for you on 2 recorded conversations during our onboarding process. It is also clearly written and discussed in our contracts on the first page in bold on the agreement. We will be more than happy to send those calls to you. We do not take 35% of the balance but rather 35% of what we were able to reduce your balance by. That comes out to much less than your cash lenders who were taking 40% of your lent amount. On a settlement of 50%, we would only take 17.5% of your enrolled amount. I assure you if you paid into the program with the payment plan that we had originally created for you would have walked away happy. We also have more than 20 contacts points with you, where we would have been more than happy to answer your questions. To recap we didn't take anything from you because you paid almost nothing into the program. We did work before getting paid. When it was time to make payments to us and the lender, you started questioning fees.

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